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‘The government…has little interest in financial support for housing’: EIPR

  /  July 23, 2014  /  Egypt, Politics  /  No Comments

New report criticises Egypt’s affordable housing programmes

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IDA tenders more than 1,270 land plots for first time since 25 January

  /  July 19, 2014  /  Business  /  No Comments

IDA will accept the applications from 24 August to 25 September, organisation head says

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Ration card commodities prices increased for quality improvement: Ministry of Supply spokesman

  /  July 19, 2014  /  Business  /  No Comments

New ration card system provides citizens 20 privately and government-produced products including meat and chicken items, ministry says

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56 Egyptians dead or missing after boat capsizes

  /  July 19, 2014  /  Egypt, Politics  /  No Comments

Passenger were attempting to immigrate to Italy, rescue operations continue

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Al-Sisi ‘illegitimate tyrant’: Erdogan

  /  July 19, 2014  /  Egypt, Politics  /  No Comments

Turkish prime minister criticises Egyptian president over Gaza

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UAE to consider providing $3bn in guarantees for debt to foreign partners: Official

  /  July 17, 2014  /  Business  /  1 Comment

A delegation from the Abu Dhabi Investment Authority (ADIA) will arrive in Cairo in the next few days to discuss investing in government debt worth EGP 15bn, a figure that may double in the future, read the rest…

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BP invests $10bn in Egypt

  /  July 16, 2014  /  Business  /  No Comments

British oil company’s north Alexandria project will start production in 2017

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Former MP sentenced to prison

  /  July 16, 2014  /  Egypt, Politics  /  No Comments

FJP’s Farid Ismail to serve seven years for inciting violence

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Tourism buses to offer public transportation services in Greater Cairo within weeks

  /  July 16, 2014  /  Business  /  No Comments

Ministry of Transportation says that Cairo governorate will be responsible for managing the buses

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Economists forecast inflation jump in July following fuel price hikes

  /  July 15, 2014  /  Business  /  No Comments

CBE can control inflation rates through increasing interest rates orVice Chairman of Egyptian Association for Financing and Investment Studies

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Mergers and acquisitions in Middle East up 250% in Q2 2014

  /  July 14, 2014  /  Business  /  No Comments

The value of M&A deals in Q2 records $14bn, a Thomson Reuters report says

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IMF suggests cash transfers to improve subsidies targeting

  /  July 14, 2014  /  Business  /  No Comments

Egypt needs adequate mitigation measures, gradual price increases, and better public communication

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1,300 MW addition to electricity grid in August may not end power outages: Energy expert

  /  July 13, 2014  /  Business  /  No Comments

Energy expert Mohamed El-Sobky says if natural gas supplies to power stations do not increase, power outages will continue

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Latest

Government adopts new electronic system to track progress on development projects

  /  July 12, 2014  /  Business  /  No Comments

The new system allows the government to electronically monitor the implementation of various government projects

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Latest

Administrative reform, social safety net to help economy reach 3.2% growth: Planning minister

  /  July 12, 2014  /  Business  /  1 Comment

El-Araby says the government will announce an administrative reform road map to improve the efficiency of government’s institutions, services and employees this week

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Latest

Russian tourist raped in Sharm El-Sheikh

  /  July 12, 2014  /  Egypt, Politics  /  2 Comments

Suspect, a minibus driver, in custody

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Latest

‘Long Live Egypt Fund’ receives over EGP 400m in donations

  /  July 9, 2014  /  Business  /  1 Comment

Latest donation was from a Saudi businessman who contributed EGP 214m to the fund, CBE says

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Latest

Environment ministry and Microsoft discuss developing monitoring systems

  /  July 9, 2014  /  Technology  /  No Comments

Minister of Environment Khaled Fahmy seeks development of monitoring system for process of transferring coal and vehicle exhaust emissions

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Latest

Amnesty International denies reports they were invited to work with Fact-Finding Committee

  /  July 9, 2014  /  Egypt, Politics  /  1 Comment

No offer of cooperation made, said international human rights watchdog

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Human rights are a chief concern: Al-Sisi

  /  July 8, 2014  /  Egypt, Politics  /  1 Comment

President meets with NCHR head

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Carrefour to fix basic food items’ prices until end of 2014: Executive Regional Director

  /  July 8, 2014  /  Business  /  No Comments

The items in question include essential goods such as rice, oil, sugar and other commodities, Herve Majidier says

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Suspension of Gulf aid behind $600m drop in foreign reserves in June: Experts

  /  July 7, 2014  /  Business  /  No Comments

Foreign reserves register the lowest level since the ouster of former president Mohamed Morsi in July 2013

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North Africa approaching universal access to primary education: UN report

  /  July 7, 2014  /  Business  /  2 Comments

Primary education enrolment increased from 80% to 99% in North Africa over 22 years

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Al-Sisi’s economic orientation in his first month, and its influence

  /  July 6, 2014  /  Business  /  No Comments

Measures to boost economy include reforming taxes and wages, adjusting prices and cutting fuel and electricity subsidies

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Latest

Transportation fares see 35% to 50% increase, contrary to government estimates

  /  July 5, 2014  /  Business  /  1 Comment

Egypt’s official statistics agency reported that public transportation fares would increase up to 7%

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Latest

Security to be intensified in wake of bombings: MOI

  /  July 5, 2014  /  Egypt, Politics  /  1 Comment

The ministry blamed the Muslim Brotherhood—classified by Egypt as a terrorist organisation—for “creating a state of chaos”.

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Latest

Al-Sisi, Ibrahim meet over security concerns

  /  July 2, 2014  /  Egypt, Politics  /  1 Comment

Terrorism, police training among topics discussed

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Latest

ESDP calls on law makers to strike down Protest Law

  /  July 2, 2014  /  Egypt, Politics  /  No Comments

The law requires protesters to receive approval from the police station nearest to the intended location of the protest, and prohibits demonstrations originating at places of worship.

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Latest

Citibank to launch new payment channels in 2014: Vice president

  /  June 28, 2014  /  interviews  /  No Comments

The bank is preparing new customer services which include the launch of two new premium cards products, Arif Raza says

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Latest

Administrative Court lifts Al-Gameya Al-Shareya

  /  June 25, 2014  /  Egypt, Politics  /  No Comments

Ruling allows NGO to continue operations

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